2526 Lee St Tucson, AZ 85716
- Office Properties & Spaces
- 1,819 SF
- 0.20 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 2526 Lee St
- Year built
- 1957
- Construction
- FRAME
- Lot size
- 0.20 lot acres
- Property size
- 1,819 SF
- Property type
- Office Properties & Spaces
- APN
- 123-03-0990
- APU
- 123030990
Description
This exceptional property at 2526 E Lee Street, Tucson, Arizona, presents a rare opportunity in the desirable Blenman-Elm neighborhood. The main house, boasting 2,218 square feet, offers a versatile floor plan perfect for a variety of uses. Featuring four bedrooms and three bathrooms, the layout includes a full kitchen, living room, dining room, and a bonus room adaptable as an office, den, or studio. Recently updated with refinished wood floors and fresh paint, the home is move-in ready. The peaceful backyard is a tranquil oasis, complete with mature trees and a covered patio. The property's history includes successful use as a multi-bedroom rental, office space, and a single-family residence, showcasing its adaptability. Adding to its appeal is a separate guest house located at 2528 E Lee Street, offering an additional bedroom and bathroom on the 0.2-acre lot. This unique property offers significant potential for investors and owner-occupants alike, combining the charm of a historic neighborhood with modern updates and flexible living spaces. The property is priced at $550,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $465,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $355,000
- 6.5%
- $340,000
- 7%
- $330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $345,000
- Geo Method
- $420,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $395,000
- Retail
- $335,000
- Mixed-Use
- $315,000
- Hospitality
- $305,000
- Educational
- $395,000
- Residential Income
- $335,000
- Energy
- $320,000
- Income-Based Land
- $350,000
- Food Service
- $420,000
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.934
- Latitude
- 32.2414
- CBSA code
- 46060
- CBSA name
- TUCSON, AZ METROPOLITAN STATISTICAL AREA